1. At any time after dissolution is authorized, the cooperative may dissolve by delivering to the secretary of state for filing articles of dissolution setting forth all of the following:
- a. The name of the cooperative.
- b. The date dissolution was authorized.
c. If dissolution was approved by the members, both of the following:
- (1) The number of votes entitled to be cast on the proposal to dissolve.
- (2) Either the total number of votes cast for and against dissolution or the total number of undisputed votes cast for dissolution and a statement that the number cast for dissolution was sufficient for approval.
- 2. A cooperative is dissolved upon the effective date of its articles of dissolution.
98 Acts, ch 1152, §53, 69
Referred to in §9.11, 501.804